The Ministry of Trade and Industry (MTI) on Tuesday (Aug 11) raised Singapore’s economic growth forecast for the year, citing a “better-than-expected performance” in the first six months of 2026 and an improved outlook for the rest of the year. MTI now expects the economy to grow by 4.5 per cent to 5.5 per cent this year, up from its previous forecast of 2 per cent to 4 per cent. The economy grew 5.9 per cent in the second quarter of 2026, slightly higher than the advance estimate of 5.7 per cent, but easing from the 6.3 per cent growth reported in the first quarter. MTI previously upgraded Singapore's growth forecast in February, from an earlier forecast of 1 per cent to 3 per cent. Growth for the rest of the year is expected to be supported by an acceleration in global AI-related capital expenditure, the ministry said.   https://www.channelnewsasia.com/singapore/economy-gdp-forecast-mti-growth-6310711 (ICE SINGAPORE)

Fonte notizia: CNA, 11 August 2026